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Traders working on the floor of the New York Stock Exchange, during morning trading on Nov 26, 2024 in New York City. NEW YORK - Wall Street stocks powered to fresh records Nov 26, shrugging off a threat from President-elect Donald Trump to enact new tariffs on Mexico, Canada and China. The Dow Jones Industrial Average finished up 0.3 per cent at 44,860.31, its third straight closing record. The broad-based S&P 500 rose 0.6 per cent to 6,021.63, also a record, while the tech-rich Nasdaq Composite Index gained 0.6 per cent to 19,174.30. Trump, who doesn’t take office until Jan 20, made his threat in social media posts Nov 25 night, announcing huge import tariffs against neighbours Canada and Mexico and also rival China if they do not stop illegal immigration and drug smuggling into the United States. Investors view Trump’s inclination towards trade protectionism as a headwind to economic growth and higher equity prices. But Tuesday’s response suggests the market views the warning as a bargaining chip. “In theory, higher tariffs should not be good news for stocks. But, you know, I think the market’s chosen to think of (it) as a negotiating tactic,” said Mr Steve Sosnick, of Interactive Brokers. “You have bullish sentiment,” said LBBW’s Karl Haeling. “People are tending to look at things as positively as possible.” In other economic news, the Conference Board’s consumer confidence index rose to 111.7 this month, up from 109.6 in October, boosted by greater optimism surrounding the labour market. Among individual companies, Best Buy tumbled 4.9 per cent as it cut its full-year sales outlook after a big slowdown in sales leading into the presidential election. The electronics retailer said sales have rebounded since the election. Other retailers also fell, including Burlington Stores, down 1.6 per cent; Dick’s Sporting Goods, down 1.4 per cent; and Kohl’s, down 17 per cent. Amgen dropped 4.8 per cent after reporting that trials of its MariTide drug led to weight loss of up to 20 percent after 52 weeks. The drop in shares appeared to show disappointment that the impact was not even greater. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now
Biden is considering preemptive pardons for officials and allies before Trump takes office
CBA Albany to face CBA Syracuse for Class AA football state titleAnnual Harrisburg crow dispersal program to begin next weekSAN DIEGO, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of ASML Holding N.V. ASML ordinary shares between January 24, 2024 and October 15, 2024, inclusive (the "Class Period"), have until January 13, 2025 to seek appointment as lead plaintiff of the ASML class action lawsuit. Captioned City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V. , No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charges ASML as well as certain of ASML's top current and former executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the ASML class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-asml-holding-n-v-class-action-lawsuit-asml.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . CASE ALLEGATIONS : ASML develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. The ASML class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (ii) the pace of recovery of sales in the semiconductor industry was much slower than defendants had publicly acknowledged; and (iii) defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells. The ASML class action lawsuit further alleges that on October 15, 2024, ASML announced that it: (i) recorded quarterly booking of only €2.63 billion – a 53% decline from €5.6 billion in the second quarter of 2024; (ii) expected full year 2025 net sales to be between €30 billion and €35 billion, in the lower half of ASML's initial range of between €30 billion and €40 billion; and (iii) materially reduced its gross margin target to between 51% and 53%, down from its prior guidance of between 54% and 56%. On this news, the price of ASML stock fell more than 16%, according to the complaint. Then, on October 16, 2024, during the accompanying earnings call, the ASML class action lawsuit alleges that ASML's CFO, defendant Roger Dassen, attributed the poor bookings results to "a reflection of the slow recovery in the traditional [semiconductor] end markets as customers remain cautious in the current environment." Additionally, ASML's CEO, defendant Christophe Fouquet, admitted that the semiconductor industry "recovery will extend well into 2025," leading to "a reduced growth curve in 2025 and an . . . overall reduction of our lithography demand," according to the complaint. The ASML class action lawsuit alleges that on this news, the price of ASML stock fell more than 6%. THE LEAD PLAINTIFF PROCESS : The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired ASML ordinary shares during the Class Period to seek appointment as lead plaintiff in the ASML class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the ASML class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the ASML class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the ASML class action lawsuit. ABOUT ROBBINS GELLER : Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Province's Special Investigations Unit (SIU) says a driver involved in a crash during a police traffic stop has died. The SIU says OPP tried to stop a vehicle for a traffic infraction in Arva on Saturday night. Investigators say the vehicle sped away, then crashed into another vehicle. Two occupants in that vehicle, and the male driver of the fleeing vehicle were all taken to hospital. The 35-year-old that fled the traffic stop has since died from his injuries. The SIU is continuing to investigate the case, and is asking anyone with information to contact them at 1-800-787-8529. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks Our Guide To The Most Giftable Toys In 2024 17 Sweet Treats And Snacks That Make Great Stocking Stuffers The Best Gift Ideas From Canadian Brands For Everyone On Your List Home Our Guide To The Best Sectional Sofas You Can Get In Canada Our Guide To The Best Electric Snow Shovels In Canada In 2024 (And Where To Get Them) Our Guide To The Best Hydroponic Gardens In Canada In 2024 (And Where To Get Them) Gifts 20 Of The Best Gifts Worth Splurging On In 2024 Mary Berg's Favourite Kitchen Products To Gift This Holiday Season The Best Gifts to Give Your Dad in 2024 Beauty Our Guide To The Best Self Tanners You Can Get In Canada 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit Deals Black Friday May Be Over, But You Can Still Take Advantage Of These Amazing Sales On Amazon Canada It's Officially Travel Tuesday: Here Are The Best Deals On Flights, Hotels, And Vacations The Waterpik Advanced Water Flosser Will Make Cleaning Your Teeth So Much Easier — And It's 40% Off For Cyber Monday London Top Stories SIU: driver that fled OPP traffic stop in Arva fatally injured Although the snow is tapering off, some roads are still closed or not cleaned yet Pedestrian struck by impaired driver in London's west end Threatening text messages seen by jury at bush bash shooting trial Snowfall cancels Argyle BIA Santa Claus parade OPP say they responded to 162 collisions in a snowy 26 hours Tow truck driver injured after helping stuck vehicle Police seek help identifying suspects in break-and-enter and shooting investigation CTVNews.ca Top Stories A police photographer recounts the harrowing day of the Polytechnique massacre Montreal crime scene photographer Harold Rosenberg witnessed a lot of horror over his thirty years on the job, though nothing of the magnitude of what he captured with his lens at the Polytechnique on December 6, 1989. He described the day of the Montreal massacre to CTV Quebec Bureau Chief Genevieve Beauchemin. NDP's Singh forces debate on $250 cheques for more Canadians; Conservatives cut it short With the fate of the federal government's promised $250 cheques for 18.7 million workers hanging in the balance, the NDP forced a debate Friday on a motion pushing for the prime minister to expand eligibility. The conversation was cut short, though, by Conservative MPs' interventions. DEVELOPING | Police believe gunman who killed UnitedHealthcare CEO has left New York City The gunman who killed the CEO of the largest U.S. health insurer may have fled the city on a bus, New York City police officials told CNN on Friday. Purolator, UPS pause shipments from couriers amid Canada Post strike Purolator and UPS have paused shipments from some courier companies as they try to work through a deluge of deliveries brought on by the Canada Post strike. Northern Ontario man sentenced for killing his dog WARNING: This article contains graphic details of animal abuse which may be upsetting to some readers. A 40-year-old northern Ontario man is avoiding prison after pleading guilty to killing his dog earlier this year. Sask. father who kept daughter from mom to prevent COVID-19 vaccine free from additional prison time Michael Gordon Jackson, the Saskatchewan father who withheld his then seven-year-old daughter from her mom for nearly 100 days to prevent the girl from getting a COVID-19 vaccine, was handed a 12-month prison sentence and 200 days probation on Friday, but credited with time served. Health Canada says daily cannabis use hasn't changed much since legalization Health Canada says daily cannabis use has remained stable since it was legalized in 2018. Quebec premier wants to ban praying in public Premier François Legault took advantage of the last day of the parliamentary session on Friday to announce to 'Islamists' that he will 'fight' for Quebec values and possibly use the notwithstanding clause to ban prayer in public places such as parks. Ticketmaster hidden fees settlement credits expected in 2025 following class-action lawsuit by Regina lawyer A longstanding lawsuit against Ticketmaster is nearing its end, with a judge expected to approve the more than $6 million dollar settlement before the end of the year. Kitchener Threat that caused school lockdowns in Guelph came from the United States Guelph Police Service is releasing more information about a call that caused two schools to go into lockdown and a third to implement hold-and-secure measures earlier this week. University of Waterloo harnessing the power of alpaca poop The University of Waterloo is trying to create an unusual type of compost. Home extensively damaged, school evacuated, after Kitchener fire No injuries have been reported after a fire in Kitchener Friday morning. Barrie Driver charged after passing snow plow in front of oncoming OPP vehicle A driver was pulled over and charged after passing a snow plow in front of an oncoming OPP vehicle. Multi-vehicle crash on Highway 400 snarled traffic A three-vehicle crash on Highway 400 snarled Friday afternoon traffic. Messy road conditions result in several collisions Emergency crews were kept busy in the early morning hours on Friday as the wintry weather created slippery conditions on the roads, and according to weather experts, we’re not in the clear just yet. Windsor Suspects sought after two hardware store break-ins Essex County OPP are investigating two overnight break-ins at hardware stores. Homeless encampment returns to the chagrin of residents Ashley Harrington's problem was solved for a short time, but then a homeless encampment returned behind her property. Annual Holiday Toy and Collectors show raising funds for Adopt-A-Vet: 'We've got to give back' The holiday season is a time for joy, but for many Canadian veterans who are alone, it can be increasingly sad. Northern Ontario Northern Ontario man sentenced for killing his dog WARNING: This article contains graphic details of animal abuse which may be upsetting to some readers. A 40-year-old northern Ontario man is avoiding prison after pleading guilty to killing his dog earlier this year. Purolator, UPS pause shipments from couriers amid Canada Post strike Purolator and UPS have paused shipments from some courier companies as they try to work through a deluge of deliveries brought on by the Canada Post strike. Four transport truck drivers charged in northern Ont. collisions on Hwy. 11 Bad weather and bad driving contributed to multiple collisions on Highway 11 on Wednesday, leading to charges for several commercial motor vehicle drivers. Sault Ste. Marie Northern Ontario man sentenced for killing his dog WARNING: This article contains graphic details of animal abuse which may be upsetting to some readers. A 40-year-old northern Ontario man is avoiding prison after pleading guilty to killing his dog earlier this year. Sault College health students showcase their work Sault College students from three different health-care programs had the opportunity to present their work to local industry leaders at the institute’s second Health Care Research Showcase. Northern Ont. police catch liquor store thief, getaway driver Two people from southern Ontario have been charged in connection with a liquor store robbery Wednesday in the Town of Thessalon. The suspects were caught after trying to flee on Highway 17 and hiding the booze in a snowbank. Ottawa OC Transpo to open Trillium Line in three stages starting Jan. 6 OC Transpo general manager Renee Amilcar announced the Lines 2 and 4 will open in three phases, starting with five-day service Monday to Friday beginning Jan. 6. Another blast of snow coming to Ottawa this weekend It’s cold this Friday in Ottawa, as it feels like minus 17 in the morning and minus 10 in the afternoon with windchill. Vigils held in eastern Ontario to mark 35 years since Montreal massacre Friday marks 35 years since the Montreal massacre, where 14 women were shot and killed at École Polytechnique. Toronto Woman facing 96 animal welfare charges in connection with unlicensed kennel in Hamilton A woman is facing 96 animal welfare charges in connection with an unlicensed kennel in Hamilton, where two pet owners claimed their dogs died while in her care. Hamilton police shut down ‘open air drug market’ they say was 'run like a business' Hamilton Police say that they have shut down an "open air drug market" in the vicinity of a downtown laneway that appeared to be "run like a business." 1 dead, 2 in hospital after collision in Etobicoke A 51-year-old man is dead after a two-vehicle collision in Etobicoke Friday morning. Montreal 'Duty to learn': Vigils mark 35th anniversary of Polytechnique anti-feminist killings Braving a biting winter wind, dignitaries gathered in front of Polytechnique Montréal's main campus on Friday to pay tribute to the 14 women killed at the Montreal institution in an anti-feminist attack 35 years ago. Quebec premier wants to ban praying in public Premier François Legault took advantage of the last day of the parliamentary session on Friday to announce to 'Islamists' that he will 'fight' for Quebec values and possibly use the notwithstanding clause to ban prayer in public places such as parks. Third public art theft in a month: Westmount bronze statue stolen A bronze statue was recently stolen from Prince Albert Square in Westmount, marking the third public art piece to go missing in just over a month. Atlantic Maritime weekend weather: Cold start and snowy finish Colder temperatures lie ahead for the weekend in the Maritimes with another swipe of snow and rain expected Sunday. N.S. RCMP search for Prospect Bay man wanted on provincewide warrant The RCMP is searching for a Nova Scotia man wanted on a provincewide warrant. Sister of man found dead in Kentville, N.S., speaks out The sister of a 52-year-old man found dead in a tent in Kentville, N.S., on Wednesday is speaking out on her loss. Winnipeg Manitoba premier hints at change of location for supervised drug consumption site The Manitoba government signalled Friday it is open to changing the location of a proposed supervised drug consumption site that had been revealed two days earlier and met with criticism. 'A well-loved piece': Historic carousel display from Hudson’s Bay Company store lands at Winnipeg shop When a carousel setup from the Hudson’s Bay Company became available during an auction, a Winnipeg business owner had to have it. Manitoba RCMP looking to identify vehicle possibly connected to double homicide The Manitoba RCMP is looking for help to identify a vehicle potentially connected to a double homicide in Portage la Prairie on Sunday. Calgary Calgary's Fueling Brains Academy targeted by 'possible data breach' Calgary police say a strange email addressed to parents of students at Fueling Brains Academy did not come from the business. Alberta working to get money's worth on Turkish medication deal after 2 years Alberta Premier Danielle Smith says the government is working to get taxpayer value for the money it paid for medication that has yet to be approved and delivered. Unemployment in Alberta remains steady, population growth continues to drive up Calgary’s unemployment New data shows Calgary’s unemployment rate ranks amongst the highest in the country as its growth in population continues to outpace the availability of job opportunities. Edmonton Security guard killed at Edmonton apartment building Homicide detectives are investigating the death of a security guard in central Edmonton on Friday morning. Alberta working to get money's worth on Turkish medication deal after 2 years Alberta Premier Danielle Smith says the government is working to get taxpayer value for the money it paid for medication that has yet to be approved and delivered. Jasper hockey goalie pays tribute to fire-ravaged town Among the things Jasper resident Reid Jackson lost when his family's home was destroyed by the summer fire was his hockey goalie equipment. Regina Bernadette McIntyre named Saskatchewan's 24th Lieutenant Governor Saskatchewan’s 24th Lieutenant Governor will be Bernadette McIntyre after being appointed to the position by Prime Minister Justin Trudeau on Friday. Roses handed out in commemoration of polytechnic massacre Members of the YWCA handed out roses at the University of Regina to bring awareness to violence against women. Sask. father who kept daughter from mom to prevent COVID-19 vaccine free from additional prison time Michael Gordon Jackson, the Saskatchewan father who withheld his then seven-year-old daughter from her mom for nearly 100 days to prevent the girl from getting a COVID-19 vaccine, was handed a 12-month prison sentence and 200 days probation on Friday, but credited with time served. Saskatoon Bernadette McIntyre named Saskatchewan's 24th Lieutenant Governor Saskatchewan’s 24th Lieutenant Governor will be Bernadette McIntyre after being appointed to the position by Prime Minister Justin Trudeau on Friday. Saskatoon-based dog rescue operator ordered to pay $27K for defamatory Facebook posts A Saskatoon-based dog rescue operator has been ordered to pay over $27,000 in damages to five women after a judge ruled she defamed them in several Facebook posts. Are other cities better at clearing snow than Saskatoon? One of the noticeable changes during Saskatoon’s 2025 budget deliberations at city hall this past week was an increase to the snow and ice budget. Vancouver Soggy night for Swifties? Umbrellas not allowed at Taylor Swift concert venue in Vancouver There's heavy rain in the forecast for the first night of Taylor Swift's sold-out Eras Tour in downtown Vancouver – and umbrellas are prohibited at the concert venue. B.C. minister wants new safety plan for Victoria schools, threatens board removal British Columbia Education Minister Lisa Beare has appointed a special adviser to help the Victoria school board "revise and improve" its safety plan after it barred police from schools except in emergencies. B.C. ombudsman to investigate delay in sending social assistance cheques amid post strike Thousands of social assistance cheques have not been distributed in British Columbia because of the Canada Post strike, prompting an investigation by provincial ombudsperson Jay Chalke. Vancouver Island B.C. minister wants new safety plan for Victoria schools, threatens board removal British Columbia Education Minister Lisa Beare has appointed a special adviser to help the Victoria school board "revise and improve" its safety plan after it barred police from schools except in emergencies. Victoria man sentenced for sexually assaulting teen after supplying her drugs A Victoria man has been sentenced to five years in prison for twice sexually assaulting a teenage girl – one of four minors he was convicted of targeting over an eight-month period in 2018. Mounties say stolen Dodge pickups recovered near Victoria Mounties on Vancouver Island say two Dodge pickup trucks that were reported stolen last month have been recovered. Stay ConnectedSaquon Barkley ninth player with 2,000-yard rushing season
ears of closely working with President have meant that Maj. Teddy Indra Wijaya has been entrusted with a crucial role in the President’s Red and White Cabinet, that of disciplining cabinet members embroiled in controversies. Born into a military family, the mid-ranking officer came to public attention when serving as Prabowo’s aide-de-camp in 2019, closely following the then-defense minister’s every step. He remained within Prabowo’s inner circle after the former Army general took office as president in October, appointed as cabinet secretary; a position usually responsible for supporting the sitting president in managing the cabinet. Since then, Prabowo has appeared to rely on his cabinet secretary to instill discipline among more than 100 cabinet members, as witnessed in how the President’s administration responded to a series of controversial remarks and misconduct by several officials. Among the recent instances that have occurred is Religious Development Envoy Miftah Maulana Habiburrahman getting himself embroiled in an online brouhaha. In a video that went viral on social media, Miftah, who is also a popular preacher, made inappropriate remarks toward a beverage seller by calling him “stupid” and mocking him for selling iced tea on a rainy day to attendees at a religious gathering. The video was reportedly made during an event in Magelang, Central Java, on Nov. 20. Delivered straight to your inbox three times weekly, this curated briefing provides a concise overview of the day's most important issues, covering a wide range of topics from politics to culture and society. By registering, you agree with 's Please check your email for your newsletter subscription. The video quickly sparked protests and condemnation by the public who slammed Miftah for demeaning the dignity of the seller who was simply trying to make a living. Netizens then urged the President to dismiss him.Seal is served: How coastal First Nations are reclaiming their roots by bringing back the hunt
Immunitybio Inc. (IBRX): Among the Most Promising Cancer Stocks According to Hedge FundsUnrest Erupts in Techiman South as NDC Supporters Protest Parliamentary Election ResultsRonald John Burris Sr., age 82, a resident of Colony, Kansas, surrounded by his daughters, passed away peacefully at his home Wednesday, Dec. 4, 2024. He was born April 16, 1942 in Hamilton, Kan., to John Peter Burris and Hazel Charlotte Uhl (Burris). Ronald completed the 8 grade and then went on to earn a GED for his school-aged years. Ronald graduated from Allen County Community College and majored in political science. He also earned a bachelor of science degree in Administration of Justice with a minor in pre-law from Wichita State University. As a young adult, Ronald proudly enlisted in the U.S. Army on May 28,1962 to go fight for our freedom in the Vietnam War. Ronald was very proud of his responsibilities during his time in the Army and made sure to let his kids and grandkids know he sat “door gunner” on the choppers during the war. Ronald served four years in the Army. He then reenlisted in the U.S. Navy where he proudly served in the Navy Seabees for 20 months. Ronald was a proud veteran and held it very near and dear to his heart. Ronald always took every opportunity he had to thank a service member or veteran for their service. Ronald was self-employed most of his life. Like his father, Ronald worked in the oil fields for over 40 years and became quite successful. It was his true passion, and he thoroughly enjoyed it. Ronald had a very full and adventurous life. He was an avid coin collector. He loved to buy and hunt for coins. He never spent any change in his pocket so he could look for unique and valuable coins. Ronald also loved going to the casino. He seemed to never lose any money. His trips were also extra special when he loaded up his beloved dog, Odie. He also enjoyed traveling, taking many frequent vacations alone and with his daughters. Ronald also had a love for Raiders football and rooted for a win every game. Ronald’s children and grandchildren were the light of his life. He thoroughly enjoyed every minute he had with them and treasured their close bond. He had four children and seven grandchildren who will love and miss him forever. Ronald is survived by his children, Kelsey Lampe (Levi), LaHarpe, Sara Burris (Charles Hon), Iola, and Kaci Peres (Zachery), Overland Park; two sisters, Melba Shields and Patricia Burris of Parsons; grandchildren, Cadin Peres, Maddilyn Peres, Isabella Peres, Asher Peres, Ellie Lampe, Emersyn Lampe, and Willow Peres; his dog, Odie, and many nieces, nephews, cousins and friends. Ronald was preceded in death by his parents; a son, Ronald John Burris Jr; a brother, Harvey Burris; two infant siblings, and his lifelong friend, Mick Winner. The family will greet family and friends from 5 to 7 p.m. Monday, Dec. 9 at Countryside Funeral Home in Chanute, followed by funeral services at 10 a.m. Monday, Dec. 16 at Fellowship Regional Church in Iola. Burial will take place at the Highland Cemetery in Iola with military honors. A highlight of Ronald’s life was participating in the Veterans Honor Flight. Memorial donations are suggested for the Southern Coffey Honor Flight and may be left with the funeral home. Funeral arrangements are entrusted to Countryside Funeral Home, 101 N. Highland, Chanute. Advertisement Advertisement
Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Traders working on the floor of the New York Stock Exchange, during morning trading on Nov 26, 2024 in New York City. NEW YORK - Wall Street stocks powered to fresh records Nov 26, shrugging off a threat from President-elect Donald Trump to enact new tariffs on Mexico, Canada and China. The Dow Jones Industrial Average finished up 0.3 per cent at 44,860.31, its third straight closing record. The broad-based S&P 500 rose 0.6 per cent to 6,021.63, also a record, while the tech-rich Nasdaq Composite Index gained 0.6 per cent to 19,174.30. Trump, who doesn’t take office until Jan 20, made his threat in social media posts Nov 25 night, announcing huge import tariffs against neighbours Canada and Mexico and also rival China if they do not stop illegal immigration and drug smuggling into the United States. Investors view Trump’s inclination towards trade protectionism as a headwind to economic growth and higher equity prices. But Tuesday’s response suggests the market views the warning as a bargaining chip. “In theory, higher tariffs should not be good news for stocks. But, you know, I think the market’s chosen to think of (it) as a negotiating tactic,” said Mr Steve Sosnick, of Interactive Brokers. “You have bullish sentiment,” said LBBW’s Karl Haeling. “People are tending to look at things as positively as possible.” In other economic news, the Conference Board’s consumer confidence index rose to 111.7 this month, up from 109.6 in October, boosted by greater optimism surrounding the labour market. Among individual companies, Best Buy tumbled 4.9 per cent as it cut its full-year sales outlook after a big slowdown in sales leading into the presidential election. The electronics retailer said sales have rebounded since the election. Other retailers also fell, including Burlington Stores, down 1.6 per cent; Dick’s Sporting Goods, down 1.4 per cent; and Kohl’s, down 17 per cent. Amgen dropped 4.8 per cent after reporting that trials of its MariTide drug led to weight loss of up to 20 percent after 52 weeks. The drop in shares appeared to show disappointment that the impact was not even greater. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now
Apartment building where viral video fueled Trump's claims about city likely will close next yearNEW YORK, Dec. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=29678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. WHAT IS THIS ABOUT: On September 24, 2024, the Las Vegas Review-Journal published an article entitled “Slot manufacturer scores major win against Las Vegas-based rival.” It stated that “Aristocrat Technologies Inc.’s request for a preliminary injunction in its trade-secret and copyright infringement lawsuit against Light & Wonder” had been granted, and that the “order prohibits [Light & Wonder] from the ‘continued or planned sale, leasing, or other commercialization of Dragon Train,’ which Aristocrat claims uses intellectual property developed for its Dragon Link and Lightning Link games.” On this news, Light & Wonder common stock fell 19.49% on September 24, 2024. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
A frosty finish to the All Blacks' training year
China has just ‘invited’ US to next-gen fighter plane arms race – military researcher to RTNone